Stocks Making: Reversal New Lows Setup on
Rules (via 'Hit & Run Trading II'):
As always, the stock should be priced at more than $30 per share. The higher the price, the better
Today the stock must do all of the following:
For the short sale: tomorrow only, sell short 5 cents below today's low and risk 1 point.
Use a trailing stop and stay in the position until you are stopped out. This can be as short as a few hours to as long as a few days.
- It must trade under yesterday's low.
- It must then trade above yesterday's high (in other words, form an outside day).
- Today's range must be the largest range of the past five days, and today the stock must make a new 60-day low.
-
Related Scans:
Swing Setup
Bearish
Or combine this in a:
Combo Scan
or a
Back-To-Back Scan
Symbol | Grade | Close | % Change | Volume | Vol Surge | |
---|---|---|---|---|---|---|
NSF | F | 0.37 | -10.98 | 8,860,525 | 16.17 | |
MARS | F | 36.24 | -4.08 | 22,306,750 | 12.16 | |
VRCI | F | 5.50 | -15.38 | 902,108 | 5.92 | |
PZC | F | 171.60 | -4.88 | 3,034,734 | 5.00 | |
ONT | F | 188.00 | -4.57 | 3,845,957 | 4.47 | |
RWI | D | 596.00 | -5.85 | 440,538 | 3.98 | |
OCDO | F | 416.10 | -4.48 | 6,234,192 | 3.07 | |
MNDI | F | 1266.00 | -2.76 | 2,893,340 | 3.01 | |
X7PS | B | 68.61 | -2.62 | 1,149 | 2.55 | |
LRE | D | 524.50 | -4.20 | 787,473 | 2.17 | |
RESI | F | 65.20 | -2.40 | 591,641 | 2.15 | |
IH2O | C | 4596.00 | -1.82 | 16,921 | 2.11 | |
AAS | C | 247.00 | -1.59 | 277,883 | 2.02 | |
ACSO | D | 656.00 | -5.48 | 120,487 | 1.92 | |
WOOD | F | 2013.50 | -1.44 | 16,413 | 1.86 | |
HSX | B | 1042.00 | -4.84 | 1,372,934 | 1.74 | |
PSRE | B | 879.40 | -1.46 | 4,310 | 1.74 | |
TRET | D | 36.53 | -1.14 | 240 | 1.56 | |
DIG | C | 277.00 | -3.82 | 154,707 | 1.31 | |
PQVG | F | 3393.50 | -0.76 | 1,465 | 1.26 | |
RICI | F | 22.98 | -0.63 | 1,109 | 1.17 | |
GLRA | D | 16.93 | -1.10 | 2,717 | 1.10 | |
FEUZ | B | 2992.25 | -1.38 | 517 | 1.06 | |
PHI | D | 588.00 | -2.16 | 199,298 | 0.93 | |
OMXS | C | 532.50 | -1.48 | 10,932 | 0.88 | |
GLRE | D | 30.79 | -1.09 | 2,811 | 0.85 | |
RQFI | D | 910.50 | -0.70 | 7,778 | 0.82 | |
APQ | F | 5.50 | -8.33 | 10,000 | 0.80 | |
BIPS | B | 163.00 | -2.10 | 192,793 | 0.77 | |
VEUA | B | 31.88 | -1.32 | 890 | 0.63 | |
XDER | D | 1724.10 | -1.83 | 1,870 | 0.62 | |
NFC | D | 892.00 | -3.88 | 78,115 | 0.60 | |
XMCX | D | 1759.00 | -1.53 | 1,870 | 0.48 | |
AIGL | F | 2.27 | -1.62 | 559 | 0.43 | |
FTAD | C | 4.87 | -1.08 | 12,202 | 0.42 | |
DJSC | B | 3612.25 | -1.72 | 811 | 0.37 | |
PALM | F | 3.10 | -4.62 | 90,100 | 0.35 | |
FLXX | F | 23.40 | -0.97 | 1,149 | 0.31 | |
TRIP | B | 475.85 | -2.00 | 862 | 0.24 | |
CE9G | D | 19504.00 | -0.42 | 23 | 0.18 | |
IASH | D | 398.20 | -0.72 | 35,008 | 0.18 | |
CBSE | F | 1076.00 | -0.19 | 4 | 0.17 | |
HMCA | D | 8.83 | -0.73 | 960 | 0.14 | |
SGQL | C | 19963.50 | -0.78 | 9 | 0.07 | |
L6EW | B | 9138.50 | -1.56 | 10 | 0.06 | |
SBEM | F | 684.63 | -0.81 | 2 | 0.06 | |
LGEU | B | 13.65 | -1.38 | 42 | 0.04 | |
RGP | F | 0.80 | -19.19 | 1,263 | 0.01 | |
CODO | F | 83.72 | -2.52 | 15 | 0.01 |
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